GREY:ALXDF - Post by User
Comment by
nuggetinon Oct 16, 2015 7:10am
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Post# 24196906
RE:another ir firm needed?
RE:another ir firm needed?One on my biggest fears is a share consolidation if these low priced volumes aren't cleaned out.You don't want to go through one ! Alexandria always indicated they would never take this route. As someone said, why not do a rights offering to existing shareholders when the $$$ are needed. The days of a white night appearing like Agnico to save the day at the needed 5 cents are fading. The optics would not be good for either IMO. Alexandria management needs to demonstrate that they can stand alone and sell their success story ? in what is now a bit more welcoming junior gold climate. The more this situation lingers existing shareholders also would need to ask as only one example if this diluted Murgor acquisition was really worth it in terms of overall share price overhang / deterioration.